Investors on Thursday gave side eye to Elon Musk’s bid for Twitter, with Tesla stock falling further and the social-media company’s stock still trading below the offer price, suggesting that markets see risk that the $44 billion deal might not happen.
Investors on Thursday gave side eye to Elon Musk’s bid for Twitter Inc., with Tesla Inc. stock falling further and the social-media company’s stock still trading below the offer price, suggesting that markets see risk that the $44 billion deal might not happen.
Musk cobbled together funding for the Twitter deal in part by putting up $21 billion in equity commitments.
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